​​​Invest worry-free with              ​a term deposit.

​​Guaranteed Investment Certificates (GIC) carry higher interest rates than regular savings accounts and may be purchased for terms of 1 to 5 years. Withdrawals or redemptions are not permitted prior to maturity. GICs may be held directly or as a part of an RRSP or TFSA.
The minimum deposit for a GIC is $500.
​Redeemable Term Deposit
  • ​Redeemable with full accrued interest after 30 days
  • Benefit from Credit Union Deposit Insurance
  • Use in registered and non-registered accounts
​Non-Redeemable Term Deposit
  • ​Use in registered and non-registered accounts
  • Benefit from Credit Union Deposit Insurance

Term Deposit

Rates effective 2020-09-23


​0.60%

YEAR 1


​0.95%

YEAR 2


​1.10%

YEAR 3


  • ​​​Redeem your money on each year anniversary without a penalty
  • Use in registered and non-registered accounts
  • Earn compound or annual interest – your choice
  • Benefit from Credit Union Deposit Insurance 

Rates

​Need a hand?

​Take a look at our latest term deposit rates.

​How much can I save?

​​Our handy Savings Calculator will help you estimate how your investments will grow over time.